$SPGI S&P Global is spinning off its Mobility division into an independent, publicly traded company called "Mobility Global Inc." Current
$SPGI shareholders will receive 1 share of
$MBGL for every S&P share on record at the end of trading on 6/15. The expected distribution of the new stock is estimated to be before or on 7/1.
Is this a good move by
$SPGI so they can focus on their core business segments?